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UA's Winning Business Plan Teams for 2010

By Arkansas Business Staff
6/21/2010 12:00:00 AM

BiologicsMD
The Team: Paul Mlakar, Michael Thomas and Misty Stevens, Managerial MBA; and Robyn Goforth, research professor in biological sciences in the Certificate in Entrepreneurship program

Total Winnings: $121,000 in cash, $190,000 in in-kind awards, $300,000 in investments

  • Global Champions, 27th annual Global Moot Corp Competition, "Super Bowl of World Business Plan Competitions," University of Texas, Austin, $135,000, May 7-8
  • Grand Prize plus five awards, Rice University Business Plan Competition at Houston, $419,250 in prizes, April 15-17
  • Second Place overall and First Place in elevator pitch competition, Tri-State Donald W. Reynolds Business Plan Competition, Las Vegas, $16,000, May 17-19
  • First Place and Spirit Award, Cardinal Challenge, University of Louisville, $15,500, Feb. 19-20
  • Second Place overall and First Place in elevator pitch competition, Arkansas Donald W. Reynolds Governor's Cup, Little Rock, $12,000, April 19
  • First Place overall and Second Place in trade show booth competition, Spirit of Enterprise MBA Business Plan Competition, University of Cincinnati, $10,250, Feb. 25-26

Silicon Solar Solutions LLC
The Team: Stephen Ritterbush, MBA program; Brent Bertelsen, Master of Accountancy; and Seth Shumate and Douglas Hutchings, doctoral students in the College of Engineering

Total Winnings: $65,000 in cash, in-kind awards worth $40,000

  • Grand Prize, Licensing Executive Society Foundation Graduate Student Business Plan Competition, Boston, $10,000 cash and $40,000 in-kind, May 19-21
  • Second Runner-up, 27th annual Global Moot Corp Competition, University of Texas, Austin, $3,000, May 7-8
  • First Place in energy division, Global Venture Challenge, Oak Ridge (Tenn.) National Laboratories, $25,000, March 24-26
  • First Place, Stuart Clark Venture Challenge, University of Manitoba, $15,000, March 25-27
  • Third Place, Arkansas Donald W. Reynolds Governor's Cup graduate division, Little Rock, $5,000, April 19
  • Third Place, IC2 & WBT University Technology Commercialization Competition, Dallas, March 15-17
  • Third Place, New Venture Championship, University of Oregon, Portland, $2,500, April 8-10
  • Second Place, Eighth Continent Business Plan Competition, Golden, Colo., April 9-10

InnerVision
The Team: Elizabeth Slape, MBA student; Jeff Veltkamp, Annelie Recking and Anoop Prasanna, Managerial MBA students; and Bryon Western, master's student in the College of Engineering microelectronics-photonics program.

Total Winnings: $98,000 in cash and in-kind awards worth $20,000

  • First Place in technology track, McGinnis Venture Competition, Carnegie Mellon University, Pittsburgh, March 11-13
  • First Place overall and NASA Earth/Science Engineering Innovation Prize, Rice University Business Plan Competition, Houston, April 15-17
  • First Place overall and AT&T Innovation Award, Arkansas Donald W. Reynolds Governor's Cup Graduate Division, Little Rock, April 19
  • First Place, Tri-State Donald W. Reynolds Business Plan Competition, Las Vegas, May 17-19
  • Third Place overall and First Place in elevator pitch competition, University of San Francisco International Business Plan Competition, March 30